Sigor tackles AMA range of practices in new consultation paper
Document aims to keep capital levels risk-sensitive
Described as an "evergreen document", the latest paper issued by the Basel Committee on Banking Supervision's sub-group on operational risk (Sigor), Operational risk – Supervisory guidelines for the advanced measurement approaches (AMA), is part of its aim to promote further convergence of AMA practices.
"Given that operational risk is a relatively young discipline, the paper is intended to be an
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